72 Matt Rodda debates involving HM Treasury

Budget Resolutions

Matt Rodda Excerpts
Thursday 23rd November 2017

(8 years, 8 months ago)

Commons Chamber
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Matt Rodda Portrait Matt Rodda (Reading East) (Lab)
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It is pleasure to follow the hon. Member for Taunton Deane (Rebecca Pow). I would like to take this opportunity to address the need for affordable housing, which is a key issue in my constituency and many others across the country. Although I welcome the intention to build more homes, I am afraid the Budget falls well short of the major new programme of house building that is needed in my constituency and many other parts of the country. In Reading and the suburb of Woodley, many young people wonder whether they will ever be able to afford a home of their own, and significant investment is urgently needed, and not only in council house building—Reading Borough Council’s plan to build 1,000 council houses was stopped by the current Government. We also need affordable homes to buy and a fair deal for renters, as 28% of the properties in Reading are privately rented—the same is true in many other English towns. The cost of housing continues to rise, not least in my constituency, where prices have at times risen faster even than those in London. For many people, this is mixed with wage stagnation. It is clear that this Government should be prioritising the construction of affordable housing as a result, yet last year they built the fewest affordable homes for 24 years.

Having dealt with the issue of housing, given the time available, I come on to discuss infrastructure. Investing in infrastructure should have been the main plank of the Budget, but the Chancellor missed a real opportunity to turn the economy round through investment. Residents in Reading and Woodley have seen the benefits of infrastructure investment, with the new Reading station and the coming of Crossrail having led to a booming of business and business investment in Reading town centre and other sites nearby.

However, the Chancellor should have announced a much bigger programme of investment in infrastructure, as the Confederation of British Industry and many unions called for. Missed opportunities to share growth through infrastructure spending include: the failure to support the full electrification of the railways; the lack of a vision for investing in the infrastructure of the north of England, which I know many colleagues are eager to mention; and the lack of investment in large energy schemes that would protect our environment for the future. As an MP from the Thames valley, I should also point out the need for medium-sized schemes such as a new bridge over the Thames at Reading, which would ease local transport congestion.

As well as failing to deal with housing and infrastructure, the Budget failed to address the crisis in our public services and the need to lift the pay cap for our many hard-working public servants. Many people in my constituency work in the public sector, for example in the health service—we have an outstanding local hospital—and teaching, including at the University of Reading. Many branches of the civil service are based locally, and we of course have the police and many other public servants. It is deeply disappointing that so many of our colleagues who work hard in the public sector will fail to get the help they need after seven years of falling incomes and deep cuts to vital and much-loved services. To make matters worse, the modest pay rises that some will be lucky enough to get may come at the expense of other workers’ jobs. That is a serious mistake that will have a terrible cost for many services.

For many families, real wages are lower than they were in 2010, and disposable incomes are falling. In that context, and bearing in mind the fact that economic growth is at its lowest since the Conservative party came to power, I wish to address the issue of universal credit. There is significant and deeply felt concern about it in my constituency, as it is due to roll out from 6 December, and delays in payment will affect residents in the run-up to Christmas in a truly Dickensian and awful way. Taking out a loan to be repaid to the Government might push residents into debt. These are deep problems for local people. Local food banks have also expressed concerns, as they have to many other MPs. The costs continue to rise, so I again urge the Government to reconsider and to pause and fix universal credit.

The failures on housing and infrastructure and to continue to support our public services, along with the continued misery of universal credit, should all have been addressed in the Budget, but sadly they were missed. The Budget has been a significant wasted opportunity. It is yet another failure from a Government who are clinging on by their fingertips.

Summer Adjournment

Matt Rodda Excerpts
Thursday 20th July 2017

(9 years ago)

Commons Chamber
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Matt Rodda Portrait Matt Rodda (Reading East) (Lab)
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I am pleased to follow the hon. Member for Harrow East (Bob Blackman) and I welcome his support for both smoking cessation and human rights around the world. I also thank Madam Deputy Speaker for the opportunity to make my maiden speech this afternoon.

I pay tribute to my predecessor, Rob Wilson, who was our MP in Reading East for 12 years. He was the Minister for civil society and I thank him for his public service. I will also mention other former colleagues: Jane Griffiths, the Labour MP, who served before Rob; and Gerry Vaughan, the Conservative, who predated her. Other illustrious MPs from the Reading area include Martin Salter and Labour’s Ian Mikardo, who represented Reading in the post-war period. Going slightly further back in history, I am particularly proud to follow in the footsteps of the first Labour MP for Reading, the surgeon Somerville Hastings, who was elected in 1923, and whose ideas about the state funding of healthcare were an early forerunner of the NHS.

During its long history, Reading has changed beyond all recognition. Once home to one of the largest abbeys in England and the burial place of King Henry I, it later grew to become a light industrial town. Many years ago, our local economy consisted of brewing, biscuit-making and horticulture—the “three B’s”, as they were then known, with the word “bulbs” replacing “horticulture”.

While the terraced streets and Victorian town centre remain, in the late 20th century Reading became home to insurance firms, and more recently the IT industry. Several international IT and telecoms firms are based nearby and they play an important role, both in the local economy and in the economy of the UK as a whole.

We have a youthful population, with many young people and families moving to our area to make their home in the town. People come from across Britain, from across Europe and indeed from around the wider world.

Several issues loom large for our community, which is young and mobile: first and foremost, the need for properly funded public services; the desire to avoid a hard Brexit; and, as other Members have mentioned, the importance of affordable and safe housing.

Local people rely on and, indeed, expect high-quality provision of public services, and the general election was a resounding vote against austerity and poorly funded services—that was felt and heard very loudly in our part of the world. I remind the Government that parents were angered by the wave of school cuts, and parents in my area remain deeply concerned, despite the window-dressing offered by Ministers last week. Meanwhile, many other residents are fearful of the state of our local NHS, and they certainly have no time for the dementia tax.

Our town is proudly international in outlook, with significant numbers of residents from the EU and, indeed, from the Commonwealth. Reading voted overwhelmingly to remain in the European Union, and many local people oppose a hard Brexit, including many who voted to leave. Our residents are not impressed by the Government’s cavalier approach to the negotiation with the EU, and they expect something much better, which I hope we will soon see.

Although it is well known that IT and science workers in the south of England command high salaries, house prices are also high and not all work in our area is well paid. In fact, many people exist on very modest earnings indeed. Reading, rather like London, regrettably suffers from considerable income inequality, which leads to even greater issues with housing affordability. As a result, there is a desperate need for more affordable housing: council houses, affordable homes to buy and, indeed, homes to rent. Our local renters particularly deserve a fair deal.

The Government’s record on housing is extremely poor. In recent times, George Osborne effectively stopped Reading’s Labour council building 1,000 new council houses, despite significant need in the area. More recently, the Department for Digital, Culture, Media and Sport has allowed developers to reduce the proportion of affordable homes in new developments, which is an important point in an area with a lot of extra building going on. I am proud to say that Reading and, indeed, Conservative West Berkshire Council have taken legal action to oppose that reduction. I hope that hon. Members on both sides of the House will note that, although I wish to work with the Housing Minister, the hon. Member for Reading West (Alok Sharma), I will be holding him to account for matters relating to housing, particularly the local situation in the Thames valley.

As some colleagues may know, I have been campaigning to save a much-loved local secondary school that was threatened with closure, and we have had some good news this week. Chiltern Edge School is in Oxfordshire but, as in many urban areas, many pupils cross our boundaries. Earlier this year, I was shocked to find out that Oxfordshire County Council was planning to shut the school, which would have affected 400 Reading children. I have always believed that its proposal was both irresponsible and misguided, and I cannot understand why any local authority in an area—such as the south of England—with rising school rolls would want to consider a school closure at this time. The only plausible explanation is that selling off the land would have allowed the council to deal with short-term financial pressures caused by austerity.

However, after a great deal of work by campaigners, supported by me and the hon. Member for Henley (John Howell), we have been successful and Oxfordshire County Council has now decided to shelve the plans. I am grateful for that decision, and I thank colleagues who signed my early-day motion opposing the closure and who have supported the “save our Edge” campaign. Although that is one small local campaign, I believe it shows something of great value: it underlines the importance of our public services; it shows how a well-fought local campaign can achieve results; and above all, it shows that real change is possible in our country.

I am honoured to represent my community, and I am grateful for the opportunity to speak this afternoon. I look forward to raising other matters of importance when the House returns in September. I wish all my colleagues a very happy recess.